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Dadra Nagar Haveli Daman and Diu Power Distribution Corporation (DNHDDPCL) has invited bids for operation and maintenance (O&M) of 4.3 MW of ground-mounted and 485 kW of rooftop solar projects in Dadra and Nagar Haveli for five years.
The scope of work includes O&M of projects, machinery, control room, and switchyard for outage-free and continuous power generation.
The last date to submit the bids is September 8, 2022. Bids will be opened on the same day.
Bidders will have to submit ₹100,000 (~$1,252) as an earnest money deposit. The successful bidder must deposit 10% of the yearly contract amount towards the performance guarantee within 14 days of receiving the letter of award.
An unconditional and irrevocable performance guarantee for a sum equivalent to 5% and a security deposit for a sum equivalent to 2.5% of the yearly contract value must be furnished at the time of signing the agreement.
Bidders must have a valid electrical contractor license and completed three similar works, each costing not less than 40% of the estimated cost. Alternatively, they must have completed two similar works, each costing not less than 50% of the estimated cost, or one similar work costing not less than 80% of the estimated cost.
Bidders should have experience with five work orders (three related to ground-mounted and two related to rooftop) with a minimum value of ₹200,000 (~$2,505) per annum. They should also have work experience in O&M of 11 kV and above power systems for a minimum of two work orders of value ₹200,000 (~$2,505).
The average annual turnover of bidders for the last three financial years should be at least ₹5 million (~$62,267). Also, the net worth of bidders should be positive.
The contractor will be responsible for maintaining a yearly average capacity utilization factor (CUF) of 15% for the ground-mounted and rooftop solar projects.
Any shortfall in the generation lower than the CUF will be penalized at the levelized tariff rate approved by the Joint Electricity Regulatory Commission (JERC) for the ground-mounted and rooftop solar projects.
In March this year, Torrent Power announced the signing of a share purchase agreement and shareholders agreement to acquire 51% equity share capital in Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation. In February 2021, Torrent Power emerged as the highest bidder to acquire a controlling stake in the distribution company.
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Rakesh Ranjan is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). More articles from Rakesh Ranjan.